Amprius Tech Stock Price, News & Analysis

Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has announced its schedule for August 2024 events. The company will participate in two key virtual events:

1. UBS Energy Transition Call Series on August 14, 2024, at 8:00 a.m. PT/11:00 a.m. ET. CEO Dr. Kang Sun and CFO Sandra Wallach will discuss Amprius' business, technology, and market outlook with UBS analyst John Windham.

2. 13th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1×1 Conference on August 19-20, 2024. Dr. Sun and Ms. Wallach will conduct one-on-one meetings with investors during this event.

These events provide opportunities for Amprius to engage with analysts and investors, showcasing its Silicon Anode Platform technology and market position in the advanced battery sector.

Amprius Technologies (NYSE: AMPX) has been awarded a $1.9 million contract by the U.S. Army to develop a large form factor 500 Wh/kg SiMaxx™ high-energy cell for electric mobility applications in the defense sector. This 18-month project is part of the xTechPrime Competition, where Amprius partnered with AeroVironment (AV) for AV's high altitude pseudo satellite (HAPS). The 500 Wh/kg SiMaxx cell offers double the energy of conventional cells, providing approximately 1300 Wh/L. This marks Amprius' tenth collaboration with the Department of Defense, highlighting the growing demand for their next-generation battery solutions in military applications.

Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, has announced its upcoming second quarter 2024 earnings call. The conference call and webcast are scheduled for Thursday, August 8, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). The company will release its financial results for the quarter ended June 30, 2024, prior to the call.

Investors and analysts can join the call using the toll-free number 888-428-7458 or the international number 862-298-0702. A webcast of the call will also be available. Amprius management will host the presentation, which will be followed by a question-and-answer session.

Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has announced the completion of its Offer to Exchange for outstanding private placement warrants. The offer, which expired on July 23, 2024, saw 98% of the warrants validly tendered, totaling 15,600,000 warrants. In exchange, Amprius will issue 3,073,200 shares of common stock on or about July 25, 2024.

The exchange offer was made under a Registration Statement on Form S-4, which the SEC declared effective on July 8, 2024. This move simplifies Amprius' capital structure by converting warrants into common stock, potentially reducing dilution risk for existing shareholders.

Amprius Technologies, a leading innovator in next-gen lithium-ion batteries, has announced strategic partnerships with several contract manufacturers to secure over 500 MWh of production capacity for its SiCore™ battery cells. This move is aimed at meeting the rising customer demand since the SiCore platform was launched in January. The partnerships will enable Amprius to rapidly scale production without major incremental costs, offering flexibility to adjust volumes based on market demand. The manufacturing agreements cover various cell chemistries and form factors, including 18650 and 21700 cylindrical cells. These partnerships also aim to ensure stringent quality control and timely delivery while mitigating risks from potential production delays or supply chain disruptions.

Amprius Technologies has announced the final results of its offer to exercise public and private warrants at a reduced price. The offer, which expired on July 11, 2024, allowed warrant holders to purchase shares of common stock at $1.10 per warrant, reduced from the original price of $11.50. A total of 13,075,664 warrants were exercised, generating approximately $14.4 million in gross proceeds for the company. Warrants not exercised remain at the original exercise price. This offer was part of the company's Tender Offer Statement filed with the SEC on May 13, 2024.

Amprius announced the final results of its Offer to Exercise, which allowed public and private warrant holders to purchase shares at a reduced price of $1.10 per warrant. The offer expired on June 11, 2024, and resulted in 13,075,664 warrants being exercised, raising approximately $14.4 million in gross proceeds for the company. Warrants that were not exercised remain at the original price of $11.50 per share. The offer details were filed with the SEC and can be accessed on their website.

Amprius Technologies (NYSE: AMPX), known for its next-gen lithium-ion batteries with a Silicon Anode Platform, has announced its June 2024 events schedule.

The company will first participate in the Defense Power and Energy Conference (DPEC) from June 4-6, 2024, at The Hyatt Regency St. Louis Arch in St. Louis, MO. Amprius will be exhibiting at Booth 212, with Director of Strategic Account Katie Maze available for one-on-one meetings.

Later in the month, Amprius will attend the ROTH London Conference from June 25-27, 2024, at the Four Seasons Hotel in London. CEO Dr. Kang Sun and CFO Sandra Wallach will meet with investors one-on-one. Interested parties can contact their ROTH representative to schedule a meeting.

Amprius Technologies, Inc. (NYSE: AMPX) has announced a temporary offer allowing public and private warrants to be exercised at a reduced price. The offer applies to holders of Offering Warrants, with an exercise price reduction from $11.50 to $1.10. This temporary offer is aimed at encouraging the cash exercise of the Offering Warrants to raise approximately $50 million in gross proceeds for working capital and development plans.